Transcription of CHAPTER 14 Energy - Finance
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CHAPTER 14 Energy - Finance
CHAPTER 14 Energy Energy is vital to industry, transport, infrastructure, information technology, agriculture, household uses and more. Any nation that wants to grow its economy and improve living standards must secure a robust Energy supply. Energy use increases with the rise of incomes. As more countries rise out of poverty and develop their economies, Energy demand rises correspondingly. The Energy is costlier. Due to volatility in prices, supplies are becoming less secure, even for several fast-growing countries. Therefore, lowest-cost Energy become important. Earlier coal was considered as cheaper source of Energy but it is now become more climatic risky. Fast growing economies, therefore, trying to find low-cost gas as best alternative.
Pakistan Economic Survey 2015-16 238 developments by effective monetary policy and sound fiscal policies. Despite a plunge in crude prices, the Exploration
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